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(Z18) Bullish Reversal *RES 4: 121.95....>

GILT TECHS
GILT TECHS: (Z18) Bullish Reversal
*RES 4: 121.95 High Sep 12 
*RES 3: 121.59 Low Aug 28, now resistance 
*RES 2: 121.48 High Oct 2 
*RES 1: 120.87 Low Oct 3, now resistance 
*PREVIOUS CLOSE: 120.73 
*SUP 1: 119.36 Low Oct 10 
*SUP 2: 118.93 Low April 2016 (continuation chart) 
*SUP 3: 118.75 Bear channel bottom (continuation chart) 
*SUP 4: 117.35 Low Jan 2016 (continuation chart) 
The rally in Gilt futures continued yesterday, taking out the 21-dma and
returning the focus to the Oct 2high high at 121.48. A break above here would be
positive for the medium-term outlook. To return the focus to the downside bears
look to target the Oct 10 low at 119.36.

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